← Back to feedRead original →
VERIFIEDMint Markets·neutral
High crude prices drive Q1 surge for ONGC and OIL, but output growth diverges
AI Summary
- ·ONGC and Oil India reported increased Q1 profits due to higher crude oil prices.
- ·Oil India saw an expansion in its output during the first quarter.
- ·ONGC's production decline continued to impact its outlook.